Happy days are here again in the mortgage world. Rates have come back down and things are going great again...just like they were in the spring. Well...not so fast. It seems we have very short memories and the news cycles can...
Happy New Year! 2010 brought with it extremely low rates...below 4% on a 30-year fixed conventional loan. I think the low rates we have been experiencing for the past 3 years has spoiled us and made many consumers settle into...
Rates have fallen over the past month, but keep trying to rally back above the 200-day moving average. Its been a tough layer to break through and each time rates have been turned higher after making a run. Today rates made a...
Last week was a busy week on the economic front. The Fed announced they were going to spend another $600billion to purchase Treasury Securities. The expectation from many is that this will keep interest rates low through next...
If you watch MSNBC or read the Wall Street Journal you might be hearing QE2 a lot. This is the new quantitative easing from the Federal Reserve...the 2 part just means this is round 2. The economy is not recovering as quickly...
Its easy to Monday morning quarterback...everything already happened and the decisions seem so obvious. This market has been a wild ride for th past two years...rates up-then down, home prices stabalize-then fall more. When...
Its the begging of the month again. That means the first Friday of the month which always bring the Non-Farm Payroll report. This is the report that tells us all if there were jobs added or lost in our economy from the...
I dont know if you are like me...wondering how much lower rates can fall, but I am scratching my head with one hand cheering with the other. Interest rates have continued to stay below 4.5% for over a week now..not sure this...